The analysts from Goldman Sachs expressed their insights regarding the US dollar’s latest holding of almost multi-month high. They noted that they do not anticipate a sustained greenback. We want…
The Australian and New Zealand dollars have exhibited signs that they are largely impacted by the latest developments in the US economy. Last week, the official currencies of the two…
US Dollar Performance Following Non-Farm Payrolls Miss The US dollar erased intra-day gains made in European and Asian trading sessions early Monday morning, June 7. It also fell across the…
The inflation data in the United States has driven the US dollar higher against the Japanese Yen. This development comes as vaccine roll-outs carry on in the US mainland amidst…
Dr. Aminu Gwadabe has spoken regarding the status of the Nigerian Naira amid the prevailing illicit activities conducted by forex speculators. The head of the Association of Bureau De Change…
British authorities have issued their statements regarding the measures they are performing as a response to alleged forex scammer Gurvin Singh. The Financial Ombudsman Service and the Financial Conduct Authority…
Expectations for the time when interest rates might increase at the Reserve Bank of Australia (RBA) are believed to have implications for the Australian dollar. Analysts delivered their foreign exchange…
The Reserve Bank of India or RBI has released the latest data showing India’s foreign exchange reserves surged to US$584.107 billion. It presents an increase of US$1.701 billion in the…
Friday, April 23. It included statistics revealing the current status of Chinese financial institutions and the country’s foreign exchange market. We find this news essential to share with our foreign…
Deutsche Bank AG confirmed that Singapore is the site of its new world foreign exchange or forex trading engine for the emerging markets. This development comes as the multinational financial…
Monday’s trading session showed the Malaysian ringgit trading mixed against the world’s major currencies. During the opening bell today, April 12, it opened flat versus the US dollar. The Malaysian…
The first week of April 2021 ended on a positive note for the US dollar. On Friday, April 2, the US Dollar Index posted its third consecutive weekly percentage gain,…
The People’s Bank of China (PBOC) remarked that it would make the Chinese exchange rate more flexible. This statement of the Chinese central bank comes following the monetary policy committee’s…
The Turkish lira has demonstrated that it is heavily impacted by President Recep Tayyip Erdogan’s latest move. It opened much lower during the early trading sessions after the Turkish leader…
Wednesday trading witnessed the US dollar sliding, falling 0.2 percent to 108.84 Japanese yen. The euro surged 0.7 percent against the US dollar to $1.1978. According to the report posted…